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BMW ‘pension robbery’ protests

Voting underway over industrial action
Alex Flynn, Tuesday, March 14th, 2017


BMW workers at the home of the Mini in Cowley and the Hams Hall engine plant in the West Midlands will be protesting tomorrow (March 15) over the carmaker’s plans to close their final salary pension scheme.

 

Closure of the BMW occupational pension scheme could see some of the car firm’s UK workforce lose up to £160,000 in retirement income. Tomorrow’s protests come as voting for industrial action gets underway over BMW’s plans to close the pension scheme by March 31, 2017.

 

Brandishing placards accusing BMW bosses of ‘pension robbery’ the protests start at Cowley at  noon outside the main entrance on Eastern Bypass Road, Cowley OX4 6NL. Workers at Hams Hall will be protesting from 1pm outside the main entrance on Canton Lane, Coleshill B46 1GB.

 

The protests follow last week’s figures from the carmaker, showing a surge in BMW Group’s net profit of eight per cent to €6.9bn, as well as record year for Mini sales and a six per cent rise in Roll-Royce sales.

 

The ballot involving workers at Cowley, Farnborough, Goodwood, Hams Hall and Swindon closes on Friday March 31.

 

“Workers will be protesting and encouraging their colleagues to back industrial action and send a clear message to BMW bosses that they will not tolerate the firm’s pension robbery,” said Unite national officer Tony Murphy.

 

“The UK workforce has contributed massively to BMW Group’s record sales and revenues and deserves better than BMW’s broken pension promises and pleas of poverty.

 

“We would urge BMW to recognise the vital role the world class UK workforce has played in the company’s success and work with Unite to find a solution which safeguards car workers’ pensions and works well for the business.”

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